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Rruu.com receives RMB 15 million in series A round

Outbound O2O platform Rruu.com has raised RMB 15 million in its series A round, in which Lenovo's investment unit LeFund is the lead investor, and angel-round investor Initial Capital follows.

06/06/2016|9:40:41 AM|ChinaTravelNews

Biqu gets capital injection from Meituan-Dianping

Air ticket direct sales platform Biqu has secured an undisclosed sum in the latest financing round that has Meituan-Dianping as the lead investor.

06/06/2016|9:39:37 AM|ChinaTravelNews

Outdoor product brand Toread raises RMB 1,270 million

Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms.

06/03/2016|4:54:53 PM|ChinaTravelNews

Yitu8.net receives more than RMB 20 million in series A+ round

Outbound chauffeured service platform Yitu8.net claimed to net more than 60,000 orders monthly, generating as much as RMB 20 million per month, and has so far serviced 1.2 million Chinese travelers.

06/03/2016|12:05:27 PM|ChinaTravelNews

China Southern to replace commission and overrides by flight segment fee

China Southern Airlines, Asia’s largest carrier by fleet size, plans to replace Z Value commission and rebate with fee per flight segment for domestic ticketing agents, effective July 1.

06/02/2016|6:57:24 PM|ChinaTravelNews

Mankr receives millions of yuan in an angel round

Outbound travel service platform Mankr said that the company has completed an angel round in May with millions of yuan from an individual investor.

06/02/2016|11:43:44 AM|ChinaTravelNews

Phoenix Travel Worldwide plans listing with shell

Outbound travel service provider Phoenix Travel Worldwide (“凤凰旅游”) announced plans to go public using Lantian Stock as a shell, pending a share swap within Lantian.

06/01/2016|9:09:48 PM|ChinaTravelNews

Triploc raises RMB 27 million in Pre-A round

Outbound tour service social platform Triploc has completed its Pre-A round funding with RMB 27 million from Spring Airlines, Feima Fund and Qingcong Capital. The funds will be invested in beefing up its senior management and expanding its business ecosystem.

06/01/2016|3:42:20 PM|ChinaTravelNews
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